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Steve Dutton, NC

Real estate investing in Parker, CO

12 Result(s) for Real estate investing in Parker, CO. The most recent discussion taking place in the area asks: Private Funding and Hard Money....a NEW Approach?. There are 53 new off-market investment properties in Parker, CO. The most recent is a Single-family property listed at $295,000. Parker, CO has 11 real estate investment groups such as the Investors Network of Colorado. There are 5,115 real estate investors in Parker, Colorado. Many of these real estate investors specialize in Rehab Residential & Wholesale

Discussion

Wanted to reach out to this group having just joined, assuming there's several looking to target private money and hard money to fund their projects. After all, our stance has always been to target/locate the funding first.

Most of the people out there only... More represent a lender as a middle man, or they're brokering out the loan to their lender of choice for a fee, etc. No sense paying loan fees or brokerage fees to someone who doesn't actually have the funds. I just spent 5 days in Vegas with my team, chewing on directions of investments and overall business operations, having over $25M in full liquidity for lending. We also have a varied approach in terms of deal structure and acquisition/exit strategies, not necessarily taking the set-in-stone route of X % ARV and debt vs. equity participation, etc.

Shoot us an email, Show email with your contact info and/or some preliminary info on your initial projects/plan, or get a hold of me directly. Hopefully your email/VM will find me directly as there are a few layers of insulation before someone can get to me, but I believe those contact details should work just fine. We can also help structure your deals and give you a strategic direction via analysis/exit strategy.

Basics of a funding package we like to have in place…

1. Purchase Contract (a must)
2. CMA (comparative market analysis) from your realtor, helps dial in the exit.
3. SOW (Scope of Work) from your crew/GC along with the actual budget of the rehab, materials/labor, itemized.
4. Taxes/Insurance + holding costs during renovation (builder's risk policy, etc.), monthly itemized breakdown.
5. Inspection
6. Appraisal (sometimes won’t apply)
7. Experience Summary (few paragraphs on completed work on rehabs)
8. Down Payment/Capital Contribution (skin in the game towards acquisition only if need be, as you'd be funding the rehab)
9. We only lend to corporations/business entities, so your LLC/S-corp articles would be needed, which I'm sure you have, or at least need to have prior to funding.

Selling via a realtor? Or to cash buyer list? Cost of selling is also key, as a realtor on both sides will take 4% to 6$ out of proceeds, affecting your bottom line.

I'm considering putting together some sort of presentation for any interested individuals, as we have experience with hedge fund money, acquisitions/exits by way of rehab, wholesale, etc here in Denver and abroad.

Can you tell me what happens when I am working with a seller and she has a real estate agent and the real estate agent has objections about my contract from the seller. How should he communicate them to me? By way of a counter offer or can he null and void my contract?

Just wanted to know the best and most effective way to put offers in sellers hands quickly even in times where it is below what they are asking. I have seen it where you send a letter summarizing your offer. I have seen it where you put take the time to do a purchase agreement. How do I get volume offers... More out. Less

The KINvestment Group Property #4 5206 Holly Ct. Morehead City, NC
Has A Ridiculous 38% ROI & 92% AROI (50/50 split)
Gap Needed 123k / Gap Profit 47k / Multiple Investors Welcomed
Original investor fell through. Our change in HML reduced the gap needed and increased the ROI, we have approx 25k secured... More and need the rest for closing on this Thursday! Help if you can please we're doing what we can to salvage this deal! I'm happy to have a phone call to answer any questions.
ttps://drive.google.com/open?id=0B_aZqtt7W6PjUkdpcHMwZi1Vb1U Less